A year ago, few investors wanted anything to do with the coal markets. Inventories of coal at US utilities were tight at the end of 2005, but a warm winter in 2005-06 changed all that: Inventories ballooned, and coal prices plummeted. Read More
Energy Stocks
The US is often called the Saudi Arabia of coal. And there’s a good reason for that: The nation has more than 27 percent of the world’s known coal reserves and some of the highest-quality deposits in the world. Read More
The US is often called the Saudi Arabia of coal. And there’s a good reason for that: The nation has more than 27 percent of the world’s known coal reserves and some of the highest-quality deposits in the world. That’s 90 billion metric tons more than Russia, the nation with the second-largest reserves. Read More